"The first billionaire in hip-hop, right here from the motherf**king West Coast."

The video in question was originally posted to Gibson's Facebook page but was taken down, though it's still available on YouTube. Note that there's strong language so do proceed to watch through if you're not easily offended.

Beats Electronics is in an interesting position. Not only would Apple take control of its premium (arguably overpriced) headgear accessories, but also its new Beats Music on-demand streaming service. With Apple already heavily invested in the music industry, it would appear as a wise move to snap up a streaming service to compete against the likes of Google Play Music and Xbox Music, but we're still unsure what the plans are.